Loan Comparison: 6.67% vs 6.5%
7878 Lowell Boulevard, Westminster, CO 80030 · 3bd/2ba · $489,000
List Price
$489,000
Assumable Rate
6.67%
Remaining Balance
$447,378
Equity Gap
$41,622
Loan Type
VAAdjust Your Scenario
$24,450
$24,450$41,622
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 6.67% (VA)
Blended Rate: 6.70%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,936/moAssumable @ 6.67% + gap loan
$2,998/moAssumed loan: $2,878/mo
Gap financing: $120/mo
Your Savings on This Property
7878 Lowell Boulevard, Westminster · 6.67% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
How gap financing works: The equity gap ($41,622) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($24,450, 5% of purchase price) and a second mortgage for the rest ($17,172 at 7.5%). Even with two payments, the blended cost is typically much lower than a new conventional loan. We work with lenders who specialize in assumption gap financing.
🏠
Back to This Listing
View photos, details, and request a showing for 7878 Lowell Boulevard.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.